A private placement of 2.5 million units at 40 cents each has been completed by Southern Copper (VSE). Each unit consists of one common share and one share purchase warrant redeemable for a Southern C…
Construction of the Quebrada Blanca copper mine is on schedule and within budget, according to three Vancouver-based companies with interests in the Chilean project. Cominco (TSE) has a 38.2% interest…
Drilling is under way on the Sagar-1 property near Fermont, Que., report partners Virginia Gold Mines (ME) and Soquem. The program is designed to confirm the presence of a large zone of copper and pre…
Montreal-listed junior Tandem Resources (ME) has sold most of its 25.3% controlling interest in Matt Berry (CDN) to GTL Investments, a private Toronto-based company. In another transaction, Matt Berry…
A 48% investment in a Chilean boron company is causing plenty of headaches for Boron Chemicals International (VSE) and parent company Trans America Industries (VSE). Boron Chemicals recently negated i…
Citing lower realized gold prices and a decrease in production, Lac Minerals (TSE) reported a loss of US$800,000 for the quarter ended June 30 compared with second-quarter earnings of US$4.4 million (…
Airplanes and prospectors were to form an interesting new bond following the Second World War. The U.S. had developed an airborne system for finding submerged German U-boats, which detected the magnet…
Bull market news continued to buoy precious metals markets as prices maintained the upward surge which began in March. Analysts have proposed a host of reasons for the prolonged advance, but most of t…
Kettle River Resources Ltd. Private placement of 75,000 units @ $16.00 and each unit consists of sh and wt. Aztec Resources Ltd. 1,400,000 shs @ $2.90. Exall Resources Ltd. 3,720,000 units @ $1.50 per…
BGR Central Net Value $14.40 $6.46 Price $13.25 $7.125 Discount 7.97% 10.3% Value $80,648,000 $128,957,513…
Salt Lake City, Utah-based Kennecott has released results from seven kimberlite pipe targets drilled this summer on the DHK project in the Northwest Territories. The verdict: mixed. The latest results…
VSE-listed Miramar Mining has secured funding for its purchase of the Con mine in Yellowknife, N.W.T. Sprott Securities and Yorkton Securities agreed to buy, through a bought deal, 11.25 million speci…
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